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Property profile & analytics
OFF-MARKET Estimated value $5,645,000
Retail space

24040 Bothell Everett Hwy Bothell, WA 98021-9342

50,360 SF 3.96 ac lot Built 2011
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US90-2058371
Property summary
AI-generated overview

This exceptional Class A shopping center, Lakeside at Canyon Park, presents a compelling investment opportunity in the thriving Bothell, Washington market. Boasting a total of 90,899 square feet across eight buildings on a 13.11-acre lot (571,072 square feet), this property offers multiple tenancy options. Currently, there is 41,154 square feet of vacant space available, divisible into units ranging from 1,154 square feet to a maximum contiguous space of 34,000 square feet. Built in 2011 and renovated in 2022, the center features ample parking with 442 spaces. Its strategic location on the heavily trafficked Bothell-Everett Highway (SR-527) provides unparalleled visibility and accessibility, connecting to Interstate 405 and downtown Bothell. The property is zoned CB, OP and has eight separate APNs (27053100306400, 27053100306500, 27053100306600, 27053100306700, 27053100306800, 27053100306900, 27053100307000, 27053100307100, 27053100307200). The address is 24040 Bothell Everett Hwy, Bothell, WA 98021, with cross streets at Bothell-Everett Highway & 240th Street SE & 242nd Street SE. Utilities include power. This property is an ideal location for a variety of retail uses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2011
Construction TYPE NOT SPECIFIED
Total area 50,360 SF
Lot 3.96 ac (172,498 SF)
APN 27053100306800
UPID US90-2058371
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Safeway Pharmacy Pharmacy
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
  • FedEx OnSite Postal Service Courier Service
  • Mr. Dryer Vent Cleaning World HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.65M
Owner & transaction history
Ds Lakeside LP · 8 yrs held
Ds Lakeside LP
since 2018
5 recorded transactions
2024
Price N/A
2018
$31.9M
2014
$35.6M
2014
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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